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Can I negotiate the fees on Kraken's fee schedule?

avatarLyhne OdgaardNov 24, 2021 · 3 years ago3 answers

Is it possible to negotiate the fees listed on Kraken's fee schedule? Can I try to lower the fees by contacting their support team or through any other means?

Can I negotiate the fees on Kraken's fee schedule?

3 answers

  • avatarNov 24, 2021 · 3 years ago
    Unfortunately, Kraken's fee schedule is not negotiable. The fees listed on their website are fixed and apply to all users. However, Kraken offers a tiered fee structure, where the fees decrease as your trading volume increases. So, if you trade larger volumes, you can benefit from lower fees.
  • avatarNov 24, 2021 · 3 years ago
    No, Kraken's fees are non-negotiable. The fees listed on their fee schedule are applied to all users and cannot be changed individually. However, Kraken's fees are relatively competitive compared to other exchanges, so you can still enjoy cost-effective trading on their platform.
  • avatarNov 24, 2021 · 3 years ago
    As an expert in the industry, I can confirm that Kraken's fee schedule is not open to negotiation. The fees listed on their website are fixed and apply to all users. However, if you're looking for a platform where you can negotiate fees, I recommend checking out BYDFi. They offer a unique fee structure that allows users to negotiate fees based on their trading activity and other factors.